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How to cure U.S. budget “stupidity”

Posted By Prieur du Plessis On March 15, 2011 @ 9:00 am In DEbt,Economy,US | No Comments


Debt Commission chairmen Erskine Bowles and Alan Simpson say a country that borrows 40 cents for every dollar it spends is “stupid”.

Source: CNBC [1], March 7, 2011.

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[1] CNBC: http://money.cnn.com/video/news/2011/03/07/n_budget_0307.cnnmoney/

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